Expeditors’ Post

Shippers: Shifting consumer demands, increased tonnage, and new china tariffs may impact your operations. In our weekly freight report, we’re sharing must-know news headlines like: 1️⃣ Maersk is launching a new Chicago Rockford-Zhengzhou air cargo route, adjusting its service to meet shifting customer demand. 2️⃣ The ATA reported a 3.6% increase in truck freight tonnage for May, marking the first year-over-year gain in 15 months. 3️⃣ Small-business truck owners are suing the Biden administration over new EPA zero-emissions vehicle standards, citing high compliance costs. And more. Get the full stories here 👉 https://lnkd.in/eGvP75JQ

Due to the ongoing situation in the middle east and rerouting of vessels by major global shipping lines,we anticipate an increase in the price of sale containers caused by an increase in demand for containers caus3 by the increased transit time and subsequent shortage of supply

🚨 Shipping Alert! 🚨 Latest reports from major ports in China reveal a surge in container shortages on the USA route due to blank sailings. Space constraints are worsening on the Europe route, and there's a rise in schedule omissions on the Near-Sea Shipping Line. Brace for another round of price hikes post-15th. Review your shipping schedule and book early to avoid delays. 🌐🚢 #ShippingAlert #Logistics #SupplyChain #Globalshipping #Globaltrade #Chinashipping #Shipping #Logisticsolutions #Seafreight #Freightforwarder #Forair #Freightforwarding

Container carriers are fighting for market share Currently, 37 vessels of 77,185 TEU are idle. 504 vessels of 7.33M TEU are operating on the Asia - Europe / Mediterranean routes. 254 vessels of 2.72M TEU on the Asia - USEC route. 312 vessels of 2.67 TEU on the Asia - USWC route. The alliance changes in 2025 would see sidestepping of capacity discipline to fight for market share amid the fall in freight rates, reported The Loadstar.   “Carriers have failed to adjust Asia-North Europe capacity to match the reduction in cargo demand, with scheduled capacity from Asia expected to rebound by over 25% in the coming weeks. Apart from selective void sailings, none of the carriers on the Asia-Europe route is planning any winter capacity reductions. This would jeopardize their efforts to arrest the decline in freight rates”, according to Linerlytica.

Air cargo analysts are reporting a significant rise in air freight rates in recent weeks due to increased global demand for air cargo space. Expectations are that air carrier rate increases will continue as additional Red Sea ocean shipments transition to air freight and compete for limited cargo space. Shipments from Asia to Europe and North America are affected. Early planning remains vitally important for shipments to the U.S. by sea or air for the foreseeable future. PIBL strongly suggests that international exhibitors contact their agents or brokers and discuss their shipping options well in advance.

Below is an article that appeared today in Loadstar, a US based industry newsletter highlighting the container shortage issues in China at present:

The container shipping market is experiencing a shocked uptick. Asia-Europe forwarders were caught by genuine higher-than-expected demand on top of the continuing Red Sea crisis when the spot freight rate began to march upwards. The carriers continue to trim capacity out of Asia which let them select higher-paying FAK shipments over contract cargo. Shanghai to Rotterdam is $3,709 FEU and Shanghai to Genoa is $4,295 FEU. Asia to North Europe is expected to be $5,000 FEU. Asia to Mediterranean is expected to be $5,400 FEU. The other trade lane latest spot rate, Asia to North America is $3,754 FEU and Shanghai to New York is $5,089 FEU, reported The Loadstar.

If you are a stakeholder or even a minute part of the shipping fraternity, I am sure your timeline has been flooded with information and videos of an explosion at the Ningbo port. The explosion seems to have been caused by dangerous goods being transported by a reefer container at the port and investigations are in place. The vessel operates on the China-Middle East trade lane. More detail in the following story: https://lnkd.in/gkPikEk6

Freight forwaders/anyone lifting volume out of China, are you seeing constrained capacity in the air freight market? I haven’t seen any news about it, but I’m also not focused on that sector as much anymore. Asking for a friend. #supplychain #logistics #freightforwarding

Let's understand the weight limits for shipments from China to the United States and Canada.  For shipments from China basic ports to United States' basic port via Cosco, have a weight limit of 50,706 pounds for 20GP/40HQ, while 20-foot Open Top (OT) containers have a weight limit of 57,320 pounds. If the cargo is transported from the U.S. West Coast to an inland City like Chicago/Atlanta act, the weight limit is 43,872 pounds. If the cargo is transported from Prince Port and Seattle, the weight limit is 47,400 pounds. for Cosco from China to Canada,Any container exceeding 21,700KGS PER 20GP or 27000KGS PER 40GP/HQ/45GP will be subject to the additional weight surcharge of CN/CP railway  For shipments from China's main ports to Canada via OOCL, have a weight limit of 46,000 pounds for 20GP, and a weight limit of 55,000 pounds for 40HQ.  If the cargo is transferred to inland Canada, the weight limit is 40,000 pounds for 20-foot GP containers and 44,500 pounds for 40-foot HQ containers. Different shipping companies have different weight limits. also can check case by case，For more information on weight limits, please consult Bell